Forum Post: How much of GDP should be dedicated to the Federal Government? America spends more than any other country
Posted 10 months ago on Oct. 15, 2013, 6:58 p.m. EST by Socrates451
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Right now the Fed Budget is about 25% of GDP. Traditionally its been about 17-19%.
All taxes eat up about 41% of GDP. Germany is about 36%, Switzerland is 29% and fixed.
We spend more per pupil than any other country.
What should be our Fed spending as % of GDP/